Keyword: defensespending
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House Democrats opened Wednesday’s House Committee on Oversight and Government Reform hearing by attacking Republicans for cuts to embassy security funding — cuts that only happened thanks to overwhelming support from House Democrats, INCLUDING House Oversight Committee Ranking Democratic member Rep. Elijah Cummings. In fact, more House Democrats – 149 of them — voted for the cuts than did House Republicans, of which 147 voted for them.
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Mitt Romney's effort to overtake President Obama in the crucial swing state of Virginia may depend on how effective he is at convincing voters he can limit the economic damage from pending defense cuts. The Republican presidential candidate will give a foreign policy address at the Virginia Military Institute on Monday, looking to highlight what he calls President Obama's "taking a meat cleaver to the military." Under a deal between the Obama administration and Congress to raise the nation's borrowing capacity last year, leaders agreed to implement $1.2 trillion in automatic, across-the-board reductions over the next decade if a broader...
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Defense contractor Lockheed Martin heeded a request from the White House today — one with political overtones — and announced it will not issue layoff notices to thousands of employees just days before the November presidential election. Lockheed, one of the biggest employers in the key battleground state of Virginia, previously warned it would have to issue notices to employees, required by law, due to looming defense cuts set to begin to take effect after Jan. 2 because of the failure of the Joint Select Committee on Deficit Reduction — the so-called Super-committee, which was created to find a way...
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NEW YORK (CNNMoney) -- The White House on Friday told government contractors worried about fiscal cliff spending cuts to hold off on warning employees about possible layoffs. The government said it would cover legal costs if contractors are forced to slash their payrolls because of the looming $109 billion in automatic cuts next year and are alleged to have violated the WARN Act. .... Defense contractors in particular have warned for months that the upcoming sequester would cost jobs in their industry. And Lockheed Martin's CEO has said publicly he may be forced to issue notice this fall of possible...
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The Middle East is ablaze again, literally, and Israel is sending strong signals that it intends to attack Iran's nuclear complex with or without U.S. assistance. It would be nice to stay out of this latest round of regional violence -- most Americans have had their fill of foreign entanglements for the time being -- but sometimes circumstances don't afford us that luxury. If Iran responds to an Israeli air strike by trying to close the Strait of Hormuz, Washington will need to act. Imagine, though, that the crisis came after across-the-board spending cuts triggered on January 2, pursuant to...
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In 1989, the year President Ronald Reagan left office and the Berlin Wall came down, total spending by the Department of Defense equaled $468.7 billion in constant 2005 dollars, according to the Office of Management and Budget. In 2005, when President George W. Bush started his second term, and the U.S. was at war in both Afghanistan and Iraq, DOD spent $473.4 billion in constant 2005 dollars. This year, under President Barack Obama, DOD will spend $582.5 billion in constant 2005 dollars. In inflation-adjusted dollars, Obama is spending 23 percent more on defense than Bush did when the United States...
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MANSFIELD, Ohio — Seeking to regain the offense in the presidential campaign, Mitt Romney on Monday said President Obama is to blame for the automatic defense-spending cuts looming at the beginning of next year and that those reductions will devastate communities in Ohio and other key political states. Read more: Romney warns of looming defense cuts - Washington Times http://www.washingtontimes.com/news/2012/sep/10/romney-warns-of-looming-defense-cuts/#ixzz267ZLLvIV Follow us: @washtimes on Twitter
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President Obama will exempt all military personnel accounts from the $500 billion in defense cuts under sequestration, the Obama administration said in a letter to Capitol Hill on Tuesday. Acting Office of Management and Budget Director Jeffrey Zients told Congress the president is exercising his authority in the Budget Control Act to exempt military personnel from the 10-year sequestration cuts, according to the letter obtained by The Hill. The decision to exempt personnel will place further strain on the budget accounts that defense contractors rely on for weapons programs, should the automatic spending cuts occur.
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The U.S. House of Representatives approved an amendment to the 2013 defense appropriations bill that would ban money from being used in violation of federal law prohibiting same-sex marriage in the military. The amendment was introduced by Rep. Steve King (R-Iowa), who said that it is “a much needed solution to a problem started by an administration that's prone to ignoring the law.” In a statement released shortly after the legislation passed, King explained that his amendment “prohibits the use of both military funds and facilities for same-sex marriages.” “The military is an entity of the federal government, and federal...
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BEGIN TRANSCRIPT RUSH: I got an e-mail this morning from Cal Thomas, and he got an e-mail from Jim Pinkerton. You all know who James Pinkerton is. Pinkerton is on the Fox News media analysis show. And this is a story from the UK Telegraph that these guys were sending back and forth to each other. Cal Thomas sent it to me. The headline of the story -- and it's dated today -- "US Weapons 'Full of Fake Chinese Parts' -- Thousands of United States' warplanes, ships and missiles contain fake electronic components from China, leaving them open to malfunction,...
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America's new long-range bomber program is "underway," will involve somewhere between 80 and 100 planes and will be delivered sometime in the mid-2020's. "And that's about all we're saying," Air Force Secretary Mike Donley told reporters. It's been known for some time that the bombers will not fly alone but will be part of a family of systems that may include UAVs and other systems. The really interesting part of all this is the secrecy and why it's so dark. It would seem to indicate several things: that the U.S. does not want potential competitors such as China or Russia...
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It's the most expensive fighter jet ever built. Yet the F-22 Raptor has never seen a day of combat, and its future is clouded by a government safety investigation that has grounded the jet for months. The fleet of 158 F-22s, including those in Alaska, has been sidelined since May 3 after more than a dozen incidents in which oxygen was cut off to pilots, making them woozy. The malfunction is suspected of contributing to at least one fatal accident, in Alaska. At an estimated cost of $412 million each, the F-22s amount to about $65 billion sitting on the...
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Senate Majority Leader Harry Reid (D–NV) introduced legislation to raise the debt ceiling this week. In evaluating his plans for future government spending, it becomes clear that budgeting for prudent defense is considered just another line item. While Americans intuitively know that national security is unlike any other category of federal spending, it is often treated with inherent bias through insider budgeting methods. Congress tends to selectively ignore what are called “baselines” used for comparing different spending proposals. This is convenient if a Member of Congress wants to generate more phantom cuts to appease a core audience—or, worse, to not...
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"A lot of the spending cuts that we're making should be around areas like defense spending as opposed to food stamps," President Obama told in an interview with NPR.
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Representative Paul Ryan (Wisc.-1) and the House GOP released their ten-year budget entitled "The Path to Prosperity" [pdf] to much fanfare on Capitol Hill yesterday, laying out an alternative to President Obama's proposal. Compared to baseline numbers, the Path to Prosperity spends $5.8 trillion less, and $6.2 trillion less than the President's budget over the next ten years. The largest spending cuts come from the discretionary budget, both defense ($830 billion) and non-defense ($1.6 trillion). Rep. Ryan's defense budget accepts the proposals laid out by defense Secretary Robert Gates and endorsed by President Obama, but cuts spending in every other...
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US naval aviation back on the rise © Northrop Grumman How Northrop Grumman sees the carrier deck of 2020 Retired Vice Adm Robert Dunn remembers being called to the Secretary of the Navy's office. It was 1989 and the US Navy was still at the peak of its Cold War, 600-ship glory. Defence spending, however, was already in decline and the navy's top civilian, Henry Garrett, had a tough decision to make. As deputy chief of naval operations for aviation, Dunn's portfolio included two projects for a carrier-based, long-range strike aircraft - a re-engined Grumman A-6E Intruder called the A-6F...
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http://www.usatoday.com/news/washington/2011-02-14-budgetinside14_ST_N.htm?csp=34news For five years running, two presidents have tried to eliminate funding for a backup engine on a fighter jet, a program Defense Secretary Robert Gates calls unnecessary. Congress, however, has rebuffed the White House and continues to fund the $465-million-a-year alternate engine for the F-35 Joint Strike Fighter, amid intense lobbying by General Electric, the corporate giant working with Rolls-Royce to develop that engine. General Electric's aggressive outreach ranges from running ads on the subway cars that congressional staffers take to work to deploying dozens of well-connected lobbyists to Capitol Hill and the Pentagon.... ...Among the new lawmakers backing...
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Will this be the year that Congress takes after the defense budget, seeing it not as holy writ laid down by an unchallengeable priesthood but rather as a political document hammered out by competing bureaucracies, each with long-standing vested interests? It's a bubbling brew out there, the Tea Party Republicans keen to slash any and all federal programs, joined in a potential alliance of convenience with liberal Democrats seeking to kill big-ticket weapons slammed as pork-barrel waste or Cold War antiques. The Obama administration's proposed defense budget for fiscal year 2012, rolled out Monday afternoon by Secretary of Defense Robert...
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Supreme Court justices seemed in general agreement Tuesday that the best way to resolve a long-running, billion-dollar dispute between the government and two big defense contractors is to say, in Justice Antonin Scalia's words, "Go away."... That was the apparent sentiment of the court toward a contract dispute over the A-12 Avenger attack plane, canceled by the Pentagon in 1991 when Richard Cheney was defense secretary...
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